Free Market
Author:
William L. Anderson
Online Publish Date:
The Free Market 20, no. 6 (June 2002) As oil and gasoline prices begin their annual rite of spring, I am waiting for another rite that occurs among media pundits and some economists—who ought to know better. That particular ritual is the accusation levied against oil companies that they are “manipulating the market” in order to force up prices.